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...petroleum gas (LPG) is to help millions who live on less than $1 a day - and to give politicians a chance to stay in power on election day. "There's the economics of it and there's the politics of it," says Suman Bery, director-general of the National Council of Applied Economic Research, a New Delhi think tank. "The politics of it is that LPG and diesel are considered to be sensitive commodities because they impact directly on family budgets...

Author: /time Magazine | Title: Asia Hits an Oil Slick | 6/12/2008 | See Source »

...people of this country." Yet the government may be forced into further hikes should crude prices remain high. "There is still a large uncovered gap and the recent price rises announced will not cover that," says Rajiv Kumar, director and chief executive of the New Delhi-based Indian Council for Research on International Economic Relations...

Author: /time Magazine | Title: Asia Hits an Oil Slick | 6/12/2008 | See Source »

...strongest global warming bill ever to make it to the Senate floor - died last Friday after a nasty, brutish and short debate, most environmental groups found reason to be cheerful. "We have taken comprehensive global warming legislation farther than it has ever gone before," National Resources Defense Council president Frances Beinecke wrote on her blog. "A national limit on global warming pollution is inevitable...

Author: /time Magazine | Title: Why the Climate Bill Failed | 6/9/2008 | See Source »

...reason may well be that Chavez "realizes his long-term political survival is at stake," says Larry Birns, head of the Washington, D.C.-based Council on Hemispheric Affairs. "Right now, being a radical is not where the votes are" in a country that, despite its vast oil wealth, is wrestling with high inflation and even higher rates of violent crime. Chavez suffered a rare but stinging defeat last year in a referendum on constitutional amendments that would have broadened his socialist agenda and eliminated presidential term limits. Now, he appears determined to prevent his once feckless opposition from dealing...

Author: /time Magazine | Title: A Kinder, Gentler Hugo Chávez? | 6/9/2008 | See Source »

...Tennessee to the Veterans of Foreign Wars National Convention, August 26, 2002 *President Bush, Statement before the United Nations General Assembly, September 12, 2002 *Bush, Speech in Cincinnati, October 7, 2002 *Bush, State of the Union, January 28, 2003 *Secretary of State Powell, Speech to the United Nations Security Council, February...

Author: /time Magazine | Title: The Skimmer: Senate Report on Prewar Intelligence | 6/6/2008 | See Source »

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